BBH global head of market strategy: the Federal Reserve is tight-lipped about rate cuts
2024-07-31 18:14:24
Win Thin, head of global market strategy at BBH, said: I think a lot of people want some softening of the Fed's language, such as "we have more confidence in inflation", but the Fed has not hinted at a rate cut in September anyway. I think they will cut rates, but the Fed is tight-lipped. The statement was milder than expected.
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